At a Glance
- Tasks: Lead the design and implementation of global compensation and benefits initiatives.
- Company: Join Recordati, a global pharmaceutical company dedicated to improving lives since the 1920s.
- Benefits: Enjoy a diverse work environment with opportunities for growth and innovation.
- Why this job: Be part of a passionate team reimagining health solutions for people worldwide.
- Qualifications: Master's degree and 7-10 years in international compensation and benefits required.
- Other info: Fluent English is essential; Italian is a plus. We value diversity and inclusion.
The predicted salary is between 43200 - 72000 £ per year.
With its beginnings in a family run pharmacy in Correggio, Italy in the 1920s, Recordati is now a global pharmaceutical company, listed on the Italian stock exchange, with over 4,500 employees and turnover of over Euro 2bn.
We are a group of like-minded, passionate individuals who go to extraordinary lengths for our patients, customers, partners, investors and the people across the globe who we serve. We develop and commercialise medicines to serve people living with common diseases, as well as those living with some of the rarest, in around 150 countries.
At Recordati, our mantra is simple. We’ve always believed that health, and the opportunity to live life to the fullest, is a right, not a privilege. Whether that is for common diseases or the rarest – we want to give people the opportunity to be the best version of themselves.
This drive will never stop. Together, we will always be reimagining tomorrow – with new ideas, new technologies and new innovations to fight diseases.
Recordati. Unlocking the full potential of life.
Job Purpose
Our people are at the centre, to unlock Recordati’s full potential.
This is an exciting time in Rewards as we are developing salary scales, digitalizing our Global Rewards processes and generally reviewing our rewards practices to support our ambitious business agenda.
We are looking for a Group Total Rewards Associate Director to support the development, implementation, and administration of all these initiatives and act as an advisor to HR Business Partners and regions.
Key Responsibilities
- Support the design and implementation of digital processes, including the salary review process, help drive the annual compensation cycle and bring ideas and solutions for future design and process improvements.
- Work on creation and delivery of training materials for the line and HR on total rewards cycle and practices and provide change management support.
- Participate in the development and implementation of global compensation and benefits initiatives. Support HR Business Partners and business leaders on pay-related matters, particularly when recruiting. Ensure programs are competitive and cost effective.
- Conduct job evaluation as well as market analysis to maintain competitive pay structures as well as maintain and support governance of the job architecture and pay structures. Provide support with taxation topics.
- HR analytics and reporting: help build HR analytics to drive decision making around compensation and benefits. Help develop and maintain metrics to track the effectiveness of the rewards programs and conduct gender pay gaps analysis in Europe and across the world. Provide reports to senior leadership or to deal with legal requests and reporting requirements.
Required Education
Master degree in Human Resources, Business Administration, Finance, or a related field.
Required Skills And Experience
- 7 to 10 years of experience in compensation and benefits in an international environment.
- Deep knowledge market pricing, job evaluation, and job architecture frameworks.
- Experience with vendor management and HRIS systems (e.g., SuccessFactors or Workday).
- Knowledge of Benefits or global mobility processes a plus.
Technical Competencies
- Experience with job classification systems and pay governance
- Strong analytical, reporting and data visualization skills to support data driven decision making.
- Proficiency with data analysis tools (Excel, etc.).
- Attention to detail and strong accuracy in data handling.
Required Behaviours And Competencies
- Customer focus and effective communication and relationship-building skills.
- Problem-solving mindset, ensuring an equitable but pragmatic approach.
- Ability to bring new ideas and solutions.
- Ability to manage confidential information.
Required Languages
Fluent English is required. Other European languages, in particular Italian is a plus.
At Recordati we believe in people! Inspired by our purpose – unlocking the full potential of life – we are committed to creating a diverse environment and cultivating a culture of inclusion. We strive to continually lead with our values and beliefs, enabling our employees to bring their whole selves to work and develop their potential.
We are proud to be an equal opportunity employer. We recruit, develop and reward without regard to, amongst others, gender, sexual orientation, gender identity or expression, national origin, age, physical or mental ability, race, ethnicity, political or religious belief.
If you are looking to join a company where you can try new things, speak openly, and be bold, we invite you to apply today. #J-18808-Ljbffr
Total Rewards Associate Director employer: Recordati
Contact Detail:
Recordati Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Total Rewards Associate Director
✨Tip Number 1
Familiarise yourself with the latest trends in total rewards and compensation practices. Understanding current market pricing and job evaluation frameworks will give you an edge during discussions with HR Business Partners.
✨Tip Number 2
Network with professionals in the compensation and benefits field, especially those who have experience in international environments. This can provide you with insights and potentially valuable connections that may help you during the interview process.
✨Tip Number 3
Prepare to discuss your experience with HRIS systems like SuccessFactors or Workday. Being able to articulate how you've used these tools to enhance compensation processes will demonstrate your technical competency.
✨Tip Number 4
Showcase your analytical skills by preparing examples of how you've used data to drive decision-making in previous roles. Highlighting your ability to conduct gender pay gap analyses or create effective reporting metrics will be beneficial.
We think you need these skills to ace Total Rewards Associate Director
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in compensation and benefits, particularly in an international context. Emphasise your knowledge of market pricing, job evaluation, and HRIS systems like SuccessFactors or Workday.
Craft a Compelling Cover Letter: In your cover letter, express your passion for the role and how your skills align with Recordati's mission. Mention specific examples of how you've contributed to similar projects in the past, especially in developing and implementing rewards initiatives.
Showcase Analytical Skills: Since the role requires strong analytical and reporting skills, include examples of how you've used data analysis tools to drive decision-making in previous roles. Highlight any experience you have with HR analytics and metrics.
Demonstrate Cultural Fit: Recordati values diversity and inclusion, so make sure to convey your commitment to these principles in your application. Share experiences that showcase your ability to work in diverse teams and your customer-focused approach.
How to prepare for a job interview at Recordati
✨Understand the Company Culture
Before your interview, take some time to research Recordati's values and culture. Familiarise yourself with their commitment to health and inclusion, as this will help you align your answers with their ethos during the interview.
✨Showcase Your Analytical Skills
Given the role's focus on HR analytics and reporting, be prepared to discuss your experience with data analysis tools and how you've used them to drive decision-making in previous roles. Bring examples of metrics you've developed or improved.
✨Prepare for Technical Questions
Expect questions related to compensation frameworks, job evaluation, and market pricing. Brush up on your knowledge of these areas and be ready to discuss specific methodologies or systems you've worked with, such as SuccessFactors or Workday.
✨Demonstrate Problem-Solving Abilities
The role requires a problem-solving mindset, so think of examples where you've tackled challenges in compensation and benefits. Be ready to explain your thought process and how you arrived at effective solutions.